Summary:
A July 24 Jonathan Schlefer article, "Market Parables and the Economics of Populism: When Experts are Wrong, People Revolt", in Foreign Affairs. Schlefer cites the Cambridge Capital Controversy as a demonstration that the neoliberal political project of remaking the world around unembedded markets is doomed to failure. A September 11 interview with Daniel Kahneman in which he basically credits Richard Thaler with inventing behavioral economics. (In his memoirs, Misbehaving, Thaler is also explicit about the disciplinary boundaries between economics and psychology.) Richard Thaler's anomaly columns in the Journal of Economic Perspectives I have not read Nancy Maclean's Democracy in Chains. Marshall Steinbaum reviews this book in Boston Review. Henry Farrell & Steven Teles respond.
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A July 24 Jonathan Schlefer article, "Market Parables and the Economics of Populism: When Experts are Wrong, People Revolt", in Foreign Affairs. Schlefer cites the Cambridge Capital Controversy as a demonstration that the neoliberal political project of remaking the world around unembedded markets is doomed to failure. A September 11 interview with Daniel Kahneman in which he basically credits Richard Thaler with inventing behavioral economics. (In his memoirs, Misbehaving, Thaler is also explicit about the disciplinary boundaries between economics and psychology.) Richard Thaler's anomaly columns in the Journal of Economic Perspectives I have not read Nancy Maclean's Democracy in Chains. Marshall Steinbaum reviews this book in Boston Review. Henry Farrell & Steven Teles respond.
Topics:
Robert Vienneau considers the following as important:
This could be interesting, too:
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- A July 24 Jonathan Schlefer article, "Market Parables and the Economics of Populism: When Experts are Wrong, People Revolt", in Foreign Affairs. Schlefer cites the Cambridge Capital Controversy as a demonstration that the neoliberal political project of remaking the world around unembedded markets is doomed to failure.
- A September 11 interview with Daniel Kahneman in which he basically credits Richard Thaler with inventing behavioral economics. (In his memoirs, Misbehaving, Thaler is also explicit about the disciplinary boundaries between economics and psychology.)
- Richard Thaler's anomaly columns in the Journal of Economic Perspectives
- I have not read Nancy Maclean's Democracy in Chains. Marshall Steinbaum reviews this book in Boston Review. Henry Farrell & Steven Teles respond.
Another ongoing brouhaha is about Alice and Wu's undergraduate paper documenting the sexism on Economic Job Market Rumors.